Coach 2015 Annual Report Download - page 135

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

This Annex includes additional terms and conditions that govern your RSU Award if you reside in one of the countries listed herein.
Capitalized terms used but not defined herein shall have the same meanings ascribed to them in the Agreement or the Plan.
This Annex may also include information regarding exchange controls and certain other issues of which you should be aware with
respect to your participation in the Plan. The information is based on the securities, exchange control and other laws concerning
options in effect as of August 2014. Such laws are often complex and change frequently.As a result, the Company strongly
recommends that you not rely on the information noted herein as the only source of information relating to the consequences of
your participation in the Plan as the information may be out of date at the time you vest in your RSUs or sell your Shares acquired
under the Plan.
In addition, this Annex is general in nature, does not discuss all of the various laws, rules and regulations which may apply to your
particular situation and the Company is not in a position to assure you of any particular result.    
                  
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If you reside in a country but are considered a citizen or resident of another country for purposes of the country in which you reside,
the information contained in this Annex may not be applicable.
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 Notwithstanding any discretion in the Plan or anything to the contrary in the Agreement, the grant
of RSUs does not provide any right for you to receive a cash payment, and the RSUs are payable in Shares only.
The following provision replaces Section 11(l) of the Grant Agreement:
(l) except as may be determined by the Administrator pursuant to the authority delegated to him under the Plan and as otherwise
provided in Sections 4 and 5, above, in the event of the termination of your employment or continuous service (whether or not later
found to be invalid or in breach of applicable labor laws or the terms of your employment or service agreement, if any), your right to
vest in RSUs under the Plan, if any, will terminate effective as of the earlier of (i) the date upon which your employment or
continuous service is terminated by the Company or your actual employer; (ii) the date upon which you receive written notice of
termination of your employment or continuous service from the Company or your actual employer; or (iii) the date upon which you
are no longer actively employed or providing services to the Company or your actual employer, and in all cases will not be
extended by any notice period mandated under local law (e.g., active employment or service would not include any contractual
notice period or any period of “garden leave” or similar period mandated pursuant to applicable labor laws or the terms of your
employment or service agreement, if any); the Administrator shall have the exclusive discretion to determine
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